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...concern of the Chinese is not a figment of anyone's imagination. It was just in March, in fact, that Premier Wen himself prodded Washington for reassurance. At the annual meeting of China's National People's Congress in Beijing, Wen said, "We have lent a massive amount of capital to the United States, and of course we are concerned about the security of our assets. To speak truthfully, I do indeed have some worries. So I call on the United States to maintain its creditworthiness, abide by its commitments and ensure the security of China's assets." (Read...

Author: /time Magazine | Title: Geithner Gets a Warmer Reception in China | 6/2/2009 | See Source »

...between life in the U.S. and the USSR.“The tempo in the United States is very fast,” delegation leader Nikolai Voshchinin said at a news conference.Although U.S.-Soviet relations were the talk of the town, the delegates, who arrived in the wake of Premier Nikita Khrushchev’s U.S. visit, strayed from political discussion, focusing instead on cultural exchange, in what appeared to be an attempt to facilitate amicable and peaceful coexistence.Prior to Khrushchev’s first visit to the U.S. during the previous month, Soviets had been prohibited from leaving...

Author: By Marianna N Tishchenko, CRIMSON STAFF WRITER | Title: Crossing the Iron Curtain | 6/1/2009 | See Source »

...also argue that while sacrifices are being asked of them, little is being demanded of the Palestinians. Abbas, who, according to aides, came away from Washington convinced of "Obama's seriousness" in pushing Israel to remove settlements, says he refuses to hold peace talks with Netanyahu until the Israeli Premier publicly backs the two-state solution, something he has been loathe...

Author: /time Magazine | Title: Israeli Rejection of Settlement Freeze: Trouble for Obama | 6/1/2009 | See Source »

...that made Tim Geithner blush in Beijing this morning. During his maiden visit to China as U.S. Treasury Secretary, Geithner visited Peking University to give a speech and answer a series of probing questions from students. The school - "Beida," as the Chinese call it - is probably the country's premier university, and in 1981, after his sophomore year at Dartmouth, Geithner did an eight-week program in Mandarin there. After his speech today, one of his old teachers produced a photo of Geithner from that summer: it showed the future Treasury Secretary looking anything but buttoned down. Dressed...

Author: /time Magazine | Title: Geithner's Asia Background Shows on His China Trip | 6/1/2009 | See Source »

...students didn't press him this morning on how, exactly, the U.S. will do that, or what "the medium term" means. That's what the Chinese leadership wants to know, though, and they no doubt started asking later in the day, when Geithner met with Vice Premier Wang Qishan and Zhou Xiaochuan, the governor of the China's central bank...

Author: /time Magazine | Title: Geithner's Asia Background Shows on His China Trip | 6/1/2009 | See Source »

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